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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Disallowance of bad debts - the balance of the parties in ...


Court Upholds Disallowance of Bad Debts Due to Discrepancies in Assessee's Books and Counterparty Accounts.

January 6, 2017

Case Laws     Income Tax     AT

Disallowance of bad debts - the balance of the parties in assessee’s books were not tallying with the books of the respective parties - here were infirmities in the balance / accounts - claim not allowed - AT

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